The year 2024 is set to see some key mega construction projects in India with several projects having achieved significant milestones or advancing rapidly towards completion. These projects are also redefining the norms of engineering and architecture, incorporating cutting-edge technologies, sustainable practices, and world-class design principles. They serve as a showcase of India's capabilities to undertake and successfully execute projects of immense scale and complexity.
India is on a rapid development trajectory, and its infrastructure sector is playing a pivotal role in propelling the nation forward. Mordor Intelligence predicts that the Indian infrastructure sector market will reach USD 322.27 billion by 2029, expanding at a CAGR of 9.57% between 2024 and 2029. This growth signifies a strategic focus on building a robust network of roads, railways, ports, airports, and other critical infrastructure elements, which will reshape the country’s infrastructure landscape, and bolster its economic strength.
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